L’Oréal S.A. (OTCMKTS:LRLCY – Get Rating) was the target of a large drop in short interest in May. As of May 15th, there was short interest totalling 6,600 shares, a drop of 85.6% from the April 30th total of 45,900 shares. Based on an average trading volume of 110,500 shares, the short-interest ratio is presently 0.1 days.
L’Oréal Stock Performance
OTCMKTS:LRLCY traded up $0.87 on Thursday, hitting $87.49. The company’s stock had a trading volume of 69,805 shares, compared to its average volume of 109,182. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.02 and a quick ratio of 0.73. The stock has a fifty day moving average of $90.78 and a two-hundred day moving average of $81.75. L’Oréal has a one year low of $58.38 and a one year high of $97.64.
L’Oréal Increases Dividend
The company also recently announced a dividend, which was paid on Friday, May 19th. Stockholders of record on Tuesday, April 25th were paid a dividend of $1.0325 per share. The ex-dividend date was Monday, April 24th. This represents a dividend yield of 1.11%. This is a positive change from L’Oréal’s previous dividend of $0.87.
Wall Street Analysts Forecast Growth
L’Oréal SA engages in the manufacture and sale of beauty and hair products. It operates through the following segments: Skincare and Sun Protection, Makeup, Haircare, Hair Coloring, Fragrances, and Others. The Others segment includes hygiene products as well as sales by American professional distributors with non-Group brands.
- Get a free copy of the StockNews.com research report on L’Oréal (LRLCY)
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